This book explores in an up-to-date and practical fashion the duties of trustees, the varieties of investments available, the issues of risk-reward, and the considerable changes resulting in the introduction of the Pensions Protection fund, the European Pensions Directive and the Pensions Act 2004, and helps to guide pension funds in their relations with their managers, the design of their statement of investment principles
and compliance with the statutory rules and provision of trust law.

This book is designed to be read and used by trustees, pension scheme managers, administrators,
asset managers, solicitors, actuaries and investment consultants.